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Dec 19, 2012
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this comes as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this appears to be more import duties s. this going to be the theme of u.s./china relations, or do you expect these meetings to be more of a thaw? >> well, i think that these are the first meetings since the new leadership in china was installed. and since president obama saw -- well, won second term. i think both sides want to make use of this occasion to improve their relationship. so this joint annual meeting is a platform, and i think that they will probably be able to achieve some progress on issues of concern to both sides. but i don't see any sweeping changes. >> what's interesting,
this comes as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this...
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Dec 19, 2012
12/12
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connell: attorney general eric holder out of washington today. it is a big announcement agai bd $1.5 billion in fines and penalties agreed upon. libor rates overseas and to individuals charged in connection with this as well. more on this throughout the day. we just wanted to bring you some of those little comment from the attorney general. we now will bring in bob doll. bob is the chief acuity strategists. bob, it is always good to see you. you sound like you are fairly optimistic about the stock market. explain to us why? >> i think the asset choice by default almost that your cash is zero and if the view of the world is okay and it will grow a little bit and that financial problems -- a little bit of earnings growth, maybe a little bit of multiple improvement. connell: where is the economic growth going to come from? there will be some drug on the economy from the cuts and spending, you would think. it is just a matter of how much. >> our guess is that fiscal cliff and nothing done is a- four to gdp. they will end up doing something that will
connell: attorney general eric holder out of washington today. it is a big announcement agai bd $1.5 billion in fines and penalties agreed upon. libor rates overseas and to individuals charged in connection with this as well. more on this throughout the day. we just wanted to bring you some of those little comment from the attorney general. we now will bring in bob doll. bob is the chief acuity strategists. bob, it is always good to see you. you sound like you are fairly optimistic about the...
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Dec 19, 2012
12/12
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FOXNEWSW
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we have not figured that out in washington yet. we're still trying to figure out how to spend money we do not have buying things we can not afford. >> steve: it sounds like you share the same ideology as jim demint who currently has that particular job as senatorred from south carolina. how close to his ideology will you be? >> i think we're probably nine out of ten times on the same page. we have a little difference in the business arena at times, but overall, i think jim served his state well. he continues to serve the country well and now he's going to a place where he has an opportunity to affect the process which will be very important for the years coming for all of us. >> steve: it's going to be interesting for you to serve because you're coming from the house where i know over the last two years you've been part of passing a lot of bills and what happens to the bills after you pass them? they go over to the senate where you're heading and they're neatly stacked up on harry reid's desk. are you ready to spin your wheels for
we have not figured that out in washington yet. we're still trying to figure out how to spend money we do not have buying things we can not afford. >> steve: it sounds like you share the same ideology as jim demint who currently has that particular job as senatorred from south carolina. how close to his ideology will you be? >> i think we're probably nine out of ten times on the same page. we have a little difference in the business arena at times, but overall, i think jim served...
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Dec 19, 2012
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>> reporter: some in washington urging congress to act. compromise seemed likely 24 hours ago now elusive as republicans push a vote that's not expected to ever reach the president's desk. actually two votes, because we're hearing there could be two separate votes when this comes up tomorrow, one to keep tax rates low for the middle class, and a separate vote to keep rate lows for everyone making under $1 million. >> tracie potts, thank you. >>> as democrats and republicans battle over the budget defense secretary leon panetta is making a last-minute plea to help avoid a fiscal disaster. speaking at the national press club yesterday, panetta suggested stripping out $74 billion in what he called needless spending on unnecessary weapons programs that have "outlived their usefulness." it's unclear whether lawmakers will consider so-called cuts the defense department will suffer $500 billion in automatic cuts which is panetta insists will make lasting damage on national defense. >>> the national rifle association ended its silence on the conne
>> reporter: some in washington urging congress to act. compromise seemed likely 24 hours ago now elusive as republicans push a vote that's not expected to ever reach the president's desk. actually two votes, because we're hearing there could be two separate votes when this comes up tomorrow, one to keep tax rates low for the middle class, and a separate vote to keep rate lows for everyone making under $1 million. >> tracie potts, thank you. >>> as democrats and republicans...
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taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you know. when you're driving cabs to the dad that is. unsafe. to dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the road to where they can pick up to what they can charge the mid think fair. because the prices benefit going up but if it is the same thing and making it difficult to rack up those fares and serve customers are the cabs and city limits. so we just arrived at reagan airport which is just right outside of washington d.c. and nasr our cab driver was nice enough to drop us off here only he can't get a return fare back he has to leave and go all the way back to d.c. without anybody in his cab simply because of the regulations
taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you know. when you're driving cabs to the dad that is. unsafe. to dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the...
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in washington d.c. thank you very much. well we'll start with the title of the zone cullum opens got some comment on the he's not desist from the international action center he says it's no surprise to anyone above has got the prize this time around again. i'm a certainly i guess of every other president that served two terms as has been at alabama just like any other president should should get it but many people are very frustrated with the concessions in the united states right now and many are very upset and that with the level of home foreclosures the level of mass unemployment certainly not a more perfect union time magazine as the voice of time warner one of the biggest media conglomerates in the united states that really just speaks for the banks and wall street and as far as they're concerned obama has done very good job of carrying out the policies that the super rich would like to see so as far as the concerned absolutely but in terms of creating a more perfect union a u.s. society is very very unstable and an st
in washington d.c. thank you very much. well we'll start with the title of the zone cullum opens got some comment on the he's not desist from the international action center he says it's no surprise to anyone above has got the prize this time around again. i'm a certainly i guess of every other president that served two terms as has been at alabama just like any other president should should get it but many people are very frustrated with the concessions in the united states right now and many...
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it's tuesday december eighteenth eight pm here in washington d.c. i'm liz wall and you're watching r.t. . well today the nation continues to grieve the deaths of twenty six people most of them young children after the massacre at sandy hook elementary school in newtown connecticut the tragedy has ignited a debate over gun control in the u.s. even those with stonily pro-gun views have come forward saying now is the time to take a serious look at the country's gun laws many are saying this latest massacre of young children is a turning point for a call to action even rupert murdoch the media mogul whose companies are known for being conservative tweeted his support of some kind of change he tweeted on friday terrible news today one will politicians find courage to ban automatic weapons as an oz after similar tragedy and from sunday nice words from poetess on shooting tragedy but how about some bold leadership action despite all this fox news one of murdoch's company has apparently mandated that their employees were framed from talking about gun contro
it's tuesday december eighteenth eight pm here in washington d.c. i'm liz wall and you're watching r.t. . well today the nation continues to grieve the deaths of twenty six people most of them young children after the massacre at sandy hook elementary school in newtown connecticut the tragedy has ignited a debate over gun control in the u.s. even those with stonily pro-gun views have come forward saying now is the time to take a serious look at the country's gun laws many are saying this latest...